So, what your saying Phil, is that if the Republicans were in charge, the bailouts would not have occurred and everyone would be have been fine financially? Get real!! The partisan politics in this country has gotten out of control, term limit of 12 years (three {4} year terms) for ALL elected positions.

Taxpayer01, how are you not spouting the same partisan politics as Phil?
We could play “if’s” all day long. A different Democratic president might have been better.
The bail outs should not have happened and it seems we agree on that. The people’s fears were played upon, however the first rule of business is to ask for money before you need it and also to not use your own money whenever you can use someone else’s.
When the bail outs occurred, we became a country that supports and subsidizes it’s corporations, not it’s people.
As much as Socialism doesn’t work; Corporate Socialism is a destroyer.
Naturally there were other things that lead to our current situation, too; basically a landslide of all the things that are wrong with government coming to a head and taking it’s toll.

I am not sure what partisan politics I am spouting as I do not belong to any party and have voted for Democrats as well as Republicans. I guess that means that not buying in to Obama’s BS makes you partisan.